Tax Law Archives

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Thursday, August 15, 2019.

It has been over a year since the Tax Cuts and Jobs Act of 2017 went into effect, but there are still a few changes coming. For example, the Affordable Care Act's shared responsibility payment -- the penalty for not having the right health insurance -- has been phased out starting this year.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Friday, August 2, 2019.

Late last month, the IRS began sending letters to over 10,000 cryptocurrency investors warning them that they may owe taxes on their crypto gains. Whether you received a letter or not, you should be aware that cryptocurrency tax compliance is currently a top priority for the IRS.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Monday, July 15, 2019.

In response to a shortage of primary care professionals across the state, the Georgia legislature recently made changes to the tax code to further incentivize students and professionals in the area. HB 287, which took effect on July 1, 2019, removes income tax deductions for certain physicians serving as community-based faculty physicians – while creating new tax credits at the same time.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Tuesday, June 18, 2019.

Many people spend little time thinking about their taxes before W-2s start coming in the mail. However, the more diversified your assets become the more important it is to create a tax plan for your finances. For those looking to make the most out of their income and reduce their tax liability, consider these tips:

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Friday, April 19, 2019.

For working-class Americans such as you, tax season can be very confusing. With all the expenses that come from everyday life, you might be worried about owing the IRS money in the end. Not knowing what your tax return will look like can be overwhelming.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Friday, March 29, 2019.

You gathered your documents. You filed your taxes on time – maybe even early. Only to find that you owe thousands more in taxes than you have in the past. This was the case for many who filed their taxes this spring, thanks to sweeping changes in tax law.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Thursday, February 28, 2019.

Whether it’s contributing to a college fund, fixing a hole in the roof or just funding a vacation, millions of Americans depend on their tax refund every year. For some, it’s more than just extra money towards luxuries. It can be necessary to keep up with mortgage payments or repay debts. If your tax refund unexpectedly dropped, it could devastate your financial plans.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Tuesday, January 29, 2019.

Anticipation mounts as Atlanta gears up to host Super Bowl LIII on Sunday. The city is spending upwards of $46 million dollars on the event—in addition to $200 million spent to build the Mercedes-Benz Stadium, where the game will take place. Much of this funding comes from taxpayer dollars.

On behalf of Jason W. Peck of The Peck Group, LC posted in Tax Law on Wednesday, January 16, 2019.

The record-long partial government shutdown has been going on for nearly a month. More than 800,000 government employees are either furloughed or working without pay. But the shutdown is affecting far more people than just these workers. Americans across the country are experiencing the ripple effect of suspended government operations.

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